Consumer expectations are changing, and those consumers are expecting more from the businesses they choose to interact with. Industry 4.0 can help you meet changing consumer expectations. "If you employ a smart manufacturing strategy to meet these challenges, you need to focus on the two characteristics that matter most: agility and sustainability." Adaptability is a very important factor, especially with the rise of customization. By becoming more efficient and sustainable, there is more wiggle room for that customization.
The half-life of a successful product or business strategy is shrinking, and the rate of change is accelerating, primarily due to increasingly complex and quickly changing customer demands. Succeeding in this new environment requires nimble, innovative and fast-moving businesses and factories. That means you need to continually change what you’re doing, even if it’s been successful so far. Because what worked in the past may not necessarily work in the future. Read More
Industry 4.0 and IoT can make your factory a smart, efficient machine. It can empower your employees to make them more efficient with more job satisfaction. These initiatives can also help immensely w...
Sometimes the possibilities can seem overwhelming. When you're trying to work on Industry 4.0 initiatives and get stuck in all the information - what do you do? Deloitte says many companies feel this ...
Why is Industry 4.0 so important? Because you can have the information you need when you need it. You might not initially realize how inefficient your shop could be until you implement this technology...
Industry 4.0 can often seem like a big, daunting challenge. To make it a little easier, Industry Week put together a list of a few things you can do right now to move toward Industry 4.0. They said fi...
If you want your Industry 4.0 initiative to succeed, industrialized data is vital. The bottom line is that if your data isn't safe and accurate it's not helping you. Forbes said, "To realize the full ...
Transitioning to IIoT? You can learn from those before you to make your transformation smooth and successful. First of all, you don't need to break the bank right away. Industry 4.0 technology is beco...
The manufacturing industry is currently dealing with a skills gap. This has happened before - during the Industrial Revolution of the 19th century and there was a positive outcome then! Forbes said th...
Big data and machine learning are making a big impact on manufacturing, but they are also important in society as a whole. Forbes says big data is, "The realization that there exist piles of data wher...